{"product_id":"the-great-demographic-reversal-ageing-societies-waning-inequality-and-an-inflation-revival","title":"The Great Demographic Reversal: Ageing Societies, Waning Inequality, and an Inflation Revival","description":"This original and panoramic book proposes that the underlying forces of demography and globalization will shortly reverse three multi-decade global trends – it will raise inflation and interest rates, but lead to a pullback in inequality. “Whatever the future holds”, the authors argue, “it will be nothing like the past”. Deflationary headwinds over the last three decades have been primarily due to an enormous surge in the world’s available labor supply, owing to very favorable demographic trends and the entry of China and Eastern Europe into the world’s trading system. This book demonstrates how these demographic trends are on the point of reversing sharply, coinciding with a retreat from globalization. The result? Ageing can be expected to raise inflation and interest rates, bringing a slew of problems for an over-indebted world economy, but is also anticipated to increase the share of labor, so that inequality falls. Covering many social and political factors, as well as those that are more purely macroeconomic, the authors address topics including ageing, dementia, inequality, populism, retirement, and debt finance, among others. This book will be of interest and understandable to anyone with an interest in where the world’s economy may be going.","brand":"Thryft Singapore","offers":[{"title":"Like New","offer_id":49244170453273,"sku":"Q162","price":25.9,"currency_code":"SGD","in_stock":false},{"title":"Very Good","offer_id":49244170486041,"sku":"Q162","price":22.9,"currency_code":"SGD","in_stock":false},{"title":"Good","offer_id":49244170518809,"sku":"Q162","price":19.9,"currency_code":"SGD","in_stock":false},{"title":"Well Read","offer_id":49244170551577,"sku":"Q162","price":18.9,"currency_code":"SGD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0110\/0598\/4849\/files\/50977893.jpg?v=1720692372","url":"https:\/\/thryft.sbs\/products\/the-great-demographic-reversal-ageing-societies-waning-inequality-and-an-inflation-revival","provider":"Thryft","version":"1.0","type":"link"}